
Improved Mixed-Use Land for Sale in Irma, Wisconsin
N5640 State Highway 107, Irma, WI 54442
Country property set on over 5 acres between Merrill and Tomahawk. Currently being used as a tavern and restaurant, this unzoned property has many options. Either take over the current use with the inventory and equipment already there (almost all stays with property) or convert to a residence. There is potential for a campground with the land that is available and the snowmobile trail goes through this property as well. Ample parking with room for volleyball courts. Currently there is a horse shoe area. Across the street is the Wisconsin River and the bridge that crosses is County Road E. Current owners have done many updates and the restaurant portion has a good seating section and the bar area has ample space with great access to the kitchen. Two updated restrooms have been added and lots of newer kitchen equipment as well as a walk in cooler. Turn key operation for someone looking to have their own business. The upper level of this property is currently partially gutted and ready for remodel if someone wanted to add a living quarters. Three spacious rooms in the upper level. Forced air furnace and central air unit were installed in 2020. There is also a wood burner outside that heats well in the winter. Property has Star Link and Hughes net for internet. Per zoning this is a fully shoreland district. Buyers are to verify any information with the county for their questions. A drilled well serves the property and holding tank with older system that is not on record per land records. Property has a lot of potential and is ready for new owners.
Location
- Street address
- N5640 State Highway 107
- County
- Lincoln County
- Zip code
- 54442
- Community
- Merrill
- Elevation
- 1,411 feet
Property details
- Acreage
- 5.35 acres
- MLS #
- CWBR 22502541
- Posted
Parcels
- 01833063019977
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Coldwell Banker Real Estate
Lot
- Features
- Near Major Highway
Structure
- Heating
- Forced Air
- Cooling
- Central Air
- Materials
- Vinyl
- Roof
- Shingle
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 6, 2026 | Price drop | $235,000 | $5,000 -2.1% | CWBR |
| Feb 18, 2026 | Price drop | $240,000 | $4,900 -2% | CWBR |
| Oct 10, 2025 | Price drop | $244,900 | $5,100 -2% | CWBR |
| June 11, 2025 | New listing | $250,000 | — | CWBR |





















